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: russia welcomed the news. china's leaders say they're optimistic a second obama term will give both a time to improve their relationship. israel's prime minister says he will continue to work with president obama to protect the citizens. british prime minister david cameron was in the middle east when the results came in. he vowed to work with president obama to end the syrian conflict and bring stability to the region. >> one of the first things is how we much do more to solve the crisis. >> reporter: the results dominated presses. president obama has huge support in europe. one poll shows that if europeans could vote, nine out of ten would choose obama. >> i'm very pleased. i wanted obama to win and i'm glad he got back again. >> i was surprised actually. i thought romney might win. >> reporter: while some brits waited to read about the results, many americans stayed up all night to wait for a winner. >> . he is just absolutely magnificent. >> reporter: a london pub handed out maps to u.s. spotters who couldn't be home to celebrate. monica villamizar, cbs news, london. >> embassie
. >> russia is a boogey man? that's like 20 years ago. it's not the place they need to be. they are trying to make a stand. >> and the war on terrorism has lost the political legs, so what it is you're going to use to beat the american people over the head on national security is very different now so the approach that the obama administration has been taking which is actually a workable approach when the world has changed as much as it is. >> and -- >> obama has done a great job on national security, the republican predecessor did such a bad job. that's a hard thing for the republicans to live it. >> and it's reflected in the deeper bench on the democratic side. there are so many people that can come in that are qualified and serve in the pentagon and other departments. the republicans would have been hard pressed to >> with the election over, -- known apartment sequestration must become the top priority. defense and non-defense accounts will take a 10% hit. threatening to tip an improving but still fragile economy back into recession. president obama's already exempted military manpower
.s. will become the world's top oil producer by the end of the decade, surpassing saudi arabia and russia. the report says that new technologies like fracking are research new reserves of oil in the u.s. the report says the u.s. could stop importing oil by 2035. in the middle east, syria's civil war has now touched israel. for the second straight day, a shell from syria landed in israeli territory. today an israeli tank destroyed a syrian armored vehicle. israel is just the latest neighbor pulled into the conflict. turkey has returned fire repeatedly sincereian shells first landed there in october. turkey, lebanon, jordan, and iraq now house more than 400,000 syrian refugees. it was 19 monthsing that a protest movement rose up to overthrow the dictatorship in syria, but there is no end in sight. lance armstrong has resigned from the board of his cancer charity. two weeks after sandy, why are so many people still in the dark? and we'll show you the jewels recovered from the "titanic" when the "cbs evening news" continues. you spend weeks planning it.] you spend all day cooking it. so why s
, russia, france, the united kingdom, you name it next test-- . >> reporter: sequestration would not change that according to the center for strategic and budgetary assessment it is not the size of the cuts, about $50 billion a year that would be so damaging but the fact that they would be across-the-board. panetta adds that except for military pay every program from the joint strike fight tore military band was be cut by the same amount, 23%. >> it's absolutely a foolish thing to do. if you want to cut the defense budget that's fine. this is a foolish way to do it. >> reporter: in other words, if the pentagon were allowed to pick and choose its cuts sequestration might not be the disaster secretary panetta is predicting. david martin, cbs news, the pentagon. >> jeff: pentagon contractors aren't the only one in with a stake in this debate. 120,000 small contractors take part in the federal marketplace. a market worth $500 billion. >> lowell vant slot is scrambling to run every conceivable planning scenario for 2013. he's the military contracts manager for u.s. technologies which does 60% of
. realize that tokyo, st. petersburg russia have storm surge barriers but they are pricey. >> where could they be built? >> realize that new york city is like a funnel. if you have a gigantic storm coming in from the atlantic it's power is concentrated as it goes past sandy point where it can savage staten island, inundate wall street and a second surge can come in from the east river. so we need a barrier that gives us a comprehensive protection against this kind of storm surge. >> how much it would cost? >> well we're talking about the fact that each of these barriers could cost a billion. the whole thing would cost 10 billion even $15 billion. >> show us how it wosrks. >> there's three choke points where you could stop a storm surge. here around arctic hill. next near the verrazano-narrows bridge and the next one is here. if you want the cadillac you want to put one between sandy hook and the rockaways. that would cost on the order of $6 billion. >> sthalt money well spent >> think of it as an insurance policy because the whole package could go over $10 billion. but hey that's church c
, south america. whether it's china, russia, turkey. respect regional powers. >> so the arguments on the part of anybody, no international organization should listen to any arguments about going into syria or supporting the rebels in syria, in your judgment. >> in the syrian interest story -- first of all, we've got to get our intelligence correct. we don't know exactly what's happened in syria and i don't think we should fight a war on that. as to international organizations, it would be a good idea for us to join one. we are the only nation that has resisted the united nations . >> i only do this because we have a time clock here. great to see you. >> four parts. oliver stone always has an interesting take. >> unboring. >> yes, unboring. it's true. >>> instagram is kachanging the way that we see the world. we'll ask kevin systrom how his photo sharing site ended up [ libe ] le dnkrae ic oha lonn wer. eat moaue sghti ecic evs smeos n usac esi. th emesttso arow douan gw ouenelac w qteuris, lyews urxpur aayhath c dtoou 'sui aesn ard. dti romnd th iserome beusitel tstngen e am. r
and he talked about trying to have a reset in relations with russia. well that's basically what he, that didn't work out so well by the way. but what he's got to do now is have a reset in relations with the congress. they have simply got to sit down and just say look, we've got to start over again and see if we can figure something out because this deficit is, we've got to find some way to deal with it. we've got to find a way to find enough revenue to run the government. and the congress showed no ability to do that over the last year, and whatever negotiations there were, i mean people weren't even speaking to one another let alone communicate, working on things. one you would hope that the democrats were right when they said before look, elections do have an impact and elections do matter. let's hope that this one does. i mean for the sake of not only both parties but more importantly for the sake of america's future. >> pelley: the president sat down for a minute here at the cbs evening news and we asked him how are the next four years going to be different if the republicans
Search Results 0 to 6 of about 7